WESCO To Acquire Atlanta Electrical Distributors

AED had approximately $85 million in annual sales across its five locations in Georgia, selling primarily to the construction and MRO markets.

Pittsburgh-based WESCO International – No. 6 on Industrial Distribution's 2015 Big 50 List – announced Tuesday that it has agreed to acquire Atlanta Electrical Distributors. The transaction is expected to close during March.

WESCO said Atlanta-based AED had approximately $85 million in annual sales across its five locations in Georgia. AED sells primarily to the construction and MRO markets.

"The addition of AED to our portfolio supports our One WESCO growth strategy and expands our presence in this growing Southeastern end market," said John Engel, WESCO chairman, president, and CEO. "This acquisition is expected to be accretive to earnings by approximately $0.03 per diluted share in the first year of operation."

"We are pleased to become part of the WESCO team.We look forward to bringing a more comprehensive offering of electrical solutions to the industrial, commercial and contractor customers in the Atlanta Metro area," added AED president Kevin Kester.

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